” Traditional economics is based on imaginary creatures sometimes referred to as ‘Homo economicus.’ I call them Econs for short. Econs are amazingly smart and are free of emotion, distraction or self-control problems. Think Mr. Spock from ‘Star Trek. “


” Economists discount any factors that would not influence the thinking of a rational person. “


” Fortunately, economists open to new ways of thinking are finding novel ways to use supposedly irrelevant factors to make the world a better place. “


” Social Security may be the most beloved of all the government’s programs, partly because it requires so little thinking. You pay taxes while you work, then you and your spouse collect until you die. “



All 4 Richard Thaler Quotes about Think in picture


Traditional economics is based on imaginary creatures sometimes referred to as
Economists discount any factors that would not influence the thinking of a rational person.
Fortunately, economists open to new ways of thinking are finding novel ways to use supposedly irrelevant factors to make the world a better place.
Social Security may be the most beloved of all the government

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